Banco de Chile (BCH) Key Metrics
BCH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · CLPBCH returns How much profit the business earns on the capital it uses.
BCH financial health Debt, liquidity and how easily interest is covered.
BCH efficiency & capital use Working capital cycle and where the cash goes.
BCH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BCH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BCH cash returned to shareholders
BCH key metrics in CLP
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 18.1% | 21.3% | 27.2% | 31.8% | 26.6% | 11.1% | 16.8% | 16.7% | 17.8% | 20.4% |
| Return on invested capital (ROIC) | 8.8% | 6.8% | 7.4% | 11.7% | 9.0% | 3.7% | 6.0% | 6.4% | 7.0% | 7.4% |
| Return on assets (ROA) | 2.2% | 2.3% | 2.5% | 2.7% | 2.2% | 0.9% | 1.6% | 1.8% | 1.8% | 1.8% |
| Return on tangible assets | 2.2% | 2.4% | 2.5% | 2.6% | 2.0% | 0.9% | 1.5% | 1.7% | 1.8% | 1.8% |
| Free cash flow margin | 24.7% | 8.2% | 32.2% | −7.8% | 78.0% | 19.0% | 42.8% | −55.4% | 35.6% | 5.1% |
| Income quality (OCF / net income) | 0.69 | 0.32 | 1.26 | −0.23 | 2.30 | 1.29 | 2.05 | −2.21 | 1.53 | 0.28 |
| Financial health | ||||||||||
| Total debt | CLP 13.55T | CLP 12.06T | CLP 16.36T | CLP 16.21T | CLP 14.66T | CLP 12.86T | CLP 10.96T | CLP 9.30T | CLP 7.88T | CLP 7.40T |
| Cash & short-term investments | CLP 6.48T | CLP 5.14T | −CLP 1.93T | CLP 7.50T | CLP 7.64T | CLP 4.44T | CLP 4.81T | CLP 2.56T | CLP 3.01T | CLP 2.33T |
| Net debt | CLP 7.07T | CLP 6.93T | CLP 18.29T | CLP 8.71T | CLP 7.02T | CLP 8.42T | CLP 6.15T | CLP 6.74T | CLP 4.87T | CLP 5.07T |
| Debt / equity | 2.03 | 1.85 | 3.12 | 3.34 | 3.47 | 3.45 | 3.11 | 2.53 | 2.22 | 2.56 |
| Debt / assets | 0.25 | 0.23 | 0.29 | 0.29 | 0.28 | 0.28 | 0.27 | 0.26 | 0.24 | 0.23 |
| Net debt / EBITDA | 4.40 | 4.13 | 10.23 | 4.79 | 4.98 | 14.57 | 7.25 | 8.41 | 6.71 | 7.14 |
| Current ratio | 0.24 | 0.27 | 0.39 | 20.85 | 35.21 | 16.68 | 21.24 | 0.13 | 0.16 | 16.95 |
| Quick ratio | 0.24 | 0.27 | 0.60 | 49.21 | 86.58 | 55.52 | 55.25 | 0.37 | 0.42 | 16.87 |
| Interest coverage | 1.6 | 1.0 | 0.8 | 0.8 | 1.6 | 0.9 | 1.0 | 1.1 | 1.1 | 1.0 |
| Working capital | −CLP 23.00T | −CLP 21.44T | −CLP 14.58T | CLP 7.64T | CLP 7.54T | CLP 4.28T | CLP 4.69T | −CLP 18.04T | −CLP 16.19T | CLP 2.27T |
| Invested capital | CLP 13.76T | CLP 13.43T | CLP 23.53T | CLP 13.57T | CLP 11.24T | CLP 12.15T | CLP 9.68T | CLP 10.41T | CLP 8.41T | CLP 7.96T |
| Tangible asset value | CLP 6.48T | CLP 6.31T | CLP 5.08T | CLP 4.73T | CLP 4.13T | CLP 3.65T | CLP 3.45T | CLP 3.59T | CLP 3.47T | CLP 2.84T |
| Net current asset value | −CLP 40.25T | −CLP 37.46T | −CLP 41.09T | −CLP 42.38T | −CLP 39.72T | −CLP 37.81T | −CLP 32.83T | −CLP 29.24T | −CLP 25.84T | −CLP 26.25T |
| Capital allocation | ||||||||||
| Dividends paid | CLP 995.38B | CLP 815.93B | CLP 866.93B | CLP 539.83B | CLP 220.27B | CLP 350.54B | CLP 356.31B | CLP 374.08B | CLP 342.03B | CLP 366.65B |
| Share buybacks (net) | — | — | — | — | — | — | CLP 0 | CLP 0 | CLP 0 | CLP 0 |
| Dividend payout ratio | 83.5% | 65.4% | 63.1% | 37.3% | 20.9% | 87.3% | 59.0% | 62.0% | 59.8% | 63.8% |
| Dividends + buybacks / free cash flow | 132.9% | 215.1% | 52.9% | — | 9.3% | 74.3% | 30.5% | — | 41.2% | 297.0% |
| Capex / revenue | 2.6% | 0.4% | 1.7% | 1.5% | 2.2% | 1.9% | 2.4% | 2.1% | 1.8% | 1.6% |
| Capex / operating cash flow | 9.4% | 4.3% | 5.0% | — | 2.7% | 9.2% | 5.4% | — | 4.8% | 24.0% |
| Capex / depreciation | 0.81 | 0.18 | 0.94 | 0.93 | 0.86 | 0.65 | 0.94 | 1.37 | 1.12 | 1.10 |
| Stock-based compensation / revenue | — | — | — | — | −9.2% | 15.6% | 19.3% | 8.2% | 13.0% | 13.4% |
| SG&A / revenue | 37.4% | 24.8% | 21.9% | 18.7% | 22.9% | 30.0% | 28.2% | 29.6% | 30.7% | 29.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 185.4 | 117.9 | 22.1 | 22.0 | 14.7 | 16.6 | 12.9 | 17.4 | 18.6 | 6.7 |
| Days of inventory on hand | — | — | -1,233.9 | -1,557.3 | -4,807.1 | -3,033.4 | -2,177.7 | -1,933.7 | -1,022.4 | 2.3 |
| Days payables outstanding | 406.2 | 72.4 | 58.1 | 42.4 | 108.2 | 82.8 | 69.4 | 72.1 | 69.5 | 50.7 |
| Cash conversion cycle (days) | -220.9 | 45.5 | -1,269.9 | -1,577.7 | -4,900.6 | -3,099.6 | -2,234.2 | -1,988.3 | -1,073.3 | -41.7 |
| Receivables turnover | 1.97 | 3.10 | 16.54 | 16.60 | 24.85 | 21.93 | 28.33 | 20.93 | 19.62 | 54.12 |
| Payables turnover | 0.90 | 5.04 | 6.28 | 8.61 | 3.37 | 4.41 | 5.26 | 5.07 | 5.25 | 7.20 |
| Inventory turnover | — | — | — | — | — | — | — | — | — | 157.77 |
| Asset turnover | 0.06 | 0.09 | 0.09 | 0.10 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.08 |
| Average receivables | CLP 1.54T | CLP 1.50T | CLP 308.02B | CLP 319.97B | CLP 121.90B | CLP 113.43B | CLP 96.48B | CLP 119.50B | CLP 118.97B | CLP 44.40B |
| Average payables | CLP 425.06B | CLP 388.57B | CLP 370.75B | CLP 302.52B | CLP 246.78B | CLP 252.30B | CLP 204.15B | CLP 183.49B | CLP 166.35B | CLP 131.97B |
| Average inventory | — | — | −CLP 7.87T | −CLP 11.11T | −CLP 10.97T | −CLP 9.24T | −CLP 6.41T | −CLP 4.92T | −CLP 2.45T | CLP 6.02B |
| Intangibles / total assets | 0.4% | 0.4% | 0.3% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.1% |
Computed from BCH's annual financial statements (latest annual report filed April 30, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in CLP; data from EODHD. Averages use the opening and closing balance of each year.
BCH valuation and financial ratios
Banco de Chile earned a return on equity of 18.1% and a return on invested capital of 8.8% in fiscal 2025. It ended the year with CLP 13.55 trillion of debt and CLP 6.48 trillion in cash and short-term investments, net debt of CLP 7.07 trillion. It returned CLP 995.4 billion to shareholders: CLP 995.4 billion in dividends and CLP 0 in share buybacks, 133% of free cash flow.
See the BCH income statement, the BCH chart for price history, or the BCH stock overview for the latest quote and news.
BCH key metrics FAQ
What is Banco de Chile's return on equity?
Banco de Chile's return on equity (ROE) was 18.1% in fiscal 2025: net income of CLP 1.19 trillion on average shareholders' equity of CLP 6.60 trillion.
What is Banco de Chile's ROIC?
Banco de Chile's return on invested capital was 8.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Banco de Chile have?
Banco de Chile had total debt of CLP 13.55 trillion at the end of fiscal 2025, a debt-to-equity ratio of 2.03 and CLP 7.07 trillion of net debt (4.40 times EBITDA).
What is Banco de Chile's current ratio?
Banco de Chile's current ratio was 0.24 at the end of fiscal 2025: current assets were 0.24 times current liabilities.